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Residential property sales up 1% in October, but still down year on year
The number of residential property sales in the UK increased by 1% between September and October compared to a 4.3% drop the previous month, the latest official data shows. However, the figures from HMRC also show that the latest seasonally adjusted figure is 8% lower compared with the same month last year. Overall for October […] The post Residential property sales up 1% in October, but still down year on year appeared first on PropertyWire . Continue reading →
UK house price sentiment stable after Brexit vote low
Households across the UK are more optimistic about property prices than they were just after the country voted to leave the European Union, the latest sentiment index shows. The House Price Sentiment Index (HPSI) from Knight Frank and IHS Markit has been above 50 for four months in a row following a low recorded in […] The post UK house price sentiment stable after Brexit vote low appeared first on PropertyWire . Continue reading →
Increased regulation affecting access to finance for UK home buyers
The UK has seen major changes when it comes to mortgage regulation and this has delivered a stable lending market but new research suggests this has come at the expense of home buyers. A new report from the Intermediary Mortgage Lenders Association (IMLA) which looks at regulation since the economic downturn of 2007 particularly looks […] The post Increased regulation affecting access to finance for UK home buyers appeared first on PropertyWire . Continue reading →